Long An moves to gain investment boost

Southern Long An province held an Investment Promotion Conference 2016 under the theme “Cooperation-Sustainable Growth”  on October 17.

PM Nguyen Xuan Phuc at the Long An Investment Promotion Conference 2016, October 17, 2016 - Photo: VGP/Quang Hieu

Addressing the opening ceremony, PM Nguyen Xuan Phuc lauded the local initiative and effort to host the event.

Long An enjoyed the highest economic growth pace in the Mekong Delta Region. It ranked 9th out of 63 provinces and cities and the second in the Mekong Delta Region in the provincial competitiveness index.

On this occasion, Long An leaders made strong commitments to better mechanisms and business and investment environment in the spirit of “Fast procedures – safe business – effective investment – sustainable development".

The Government chief expected that the southern province would become a powerful economic driver of the country.

PM Phuc suggested Long An promote incorruptible administration in favor of people and enterprises; build an e-administration; boost IT application; improve the business environment; and spur dialogues with enterprises.

The PM also tasked local leaders to focus on the start-up business campaign, especially among the youth and rural young generation.

On this occasion, PM Phuc witnessed the signing of four contracts worth over US$ 3 billion. The Long An People’s Committee granted 12 business licenses with a total value of over US$ 310 million.

Source VGP